· Extended borrowing limits for Texas College of Osteopathic Medicine and School of Public Health students

· DL Unsubsidized Loans for 2014-2015 disbursed before July 1, 2014 will have 5.41% interest rate. Under new interest rate structure, the interest rate is adjusted for all new loans on July 1 each year. All Direct Loans will be "variable-fixed" meaning students would receive a new rate with each new loan, but that rate would be fixed for the life of the loan with an interest rate cap of 9.5% for DL Unsubsidized Loans for graduate/professional students.

· Origination
fee of 1.072% for loans disbursed after December 1, 2013 and before October 1, 2014.

· 10 year repayment beginning after graduation or when student drops below half-time

· Credit
check required. If borrower is determined to have adverse credit
history, he/she may obtain an endorser or appeal the credit decision.

· Student may borrow up to his/her Cost of Attendance

· DL Grad PLUS Loans disbursed before July 1, 2014 will have 6.41% interest rate. Under new interest
rate structure, the interest rate is adjusted for all new loans on July 1 each year. All Direct Loans will be "variable-fixed" meaning
students would receive a new rate with each new loan, but that rate
would be fixed for the life of the loan with an interest rate cap of 10.5% for DL Grad PLUS Loans.

· Origination
fee of 4.288% for loans disbursed after December 1, 2013 and before October 1, 2014.

· 10
year repayment beginning 60 days after disburses or can be deferred
until after graduation or when student drops below half-time

If
a student withdraws or takes a leave of absence from all classes, s/he
may be required to pay back a portion of federal aid received.
Students, who received loans and graduate, withdraw, take a leave of
absence, or drop below half-time must complete Exit Counselingfor their loans.